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mixed cost<br />
manufacturing cost<br />
variable cost<br />
16. The group of users of accounting information charged with<br />
achieving the goals of the business is its:<br />
investors<br />
auditors<br />
creditors<br />
managers<br />
17. Teakap, Inc. has current assets of $1,456,312 and total assets of<br />
$4,812,369 for the year ending September 30, 2006. It also has<br />
current liabilities of $1,041,012, common equity of $1,500,000 and<br />
retained earnings of $1,468,347. How much long-term debt does the<br />
firm have?<br />
$803,010<br />
$2,303,010<br />
$1,844,022<br />
$2,123,612<br />
18. The cash conversion cycle?<br />
begins when the firm invests cash to purchase the raw<br />
materials that would be used to produce the goods that the<br />
firm manufactures.
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